Is There A Small Home In Your Future?
By Jim Lee, REALTOR, CRS, ABR, Buying or Selling? Ann & Jim are the local experts
(RE/MAX Shoreline)
Is there a small home in your future?Portsmouth, NH Real EstateIt’s a definite possibility. Over a third of builders surveyed said they built smaller homes in 2023. More than 25% plan to build even smaller homes this year. Here’s why.Here are the reasons whyThe top two home-buying generations are searching for smaller homes. Millennials are looking for starter homes Baby Boomers are looking to downsize Both groups for different reasons don’t require a home of more than 2,500 square feet. Many millennials are moving from either their parents’ homes or smaller apartments and do not need a large detached home as their first house . . . Similarly, baby boomers looking to move may be empty nesters wanting to downsize from their current homesSmaller households are increasing with the majority...
Comments
3